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Microsoft Misses Quarterly Revenue Projection

Posted by ryuzaki0 on from the misplaced-some-platinum-pieces dept.

monsterhead78 wrote to alert us to a BusinessWeek article discussing Microsoft's uncharacteristic miss of its own fiscal projections for the third quarter. From the article: "Three months ago, the software giant said it expected revenue for the period to come in between $9.7 billion and $9.8 billion. But when the company released results Apr. 28, it came up short. Microsoft (MSFT ) rang up just $9.62 billion in sales, a 5% increase from the year-ago quarter."

2 of 327 comments (clear)

  1. And for a different take . . . by PIPBoy3000 · · Score: 4, Interesting

    There's also this Register piece, which has a different take on things.

    Interesting to me was this quote:
    Microsoft said that its home division - which includes Xbox - turned a profit for the first time, as did MSN.

  2. Perspective ... you zealots... by telstar · · Score: 5, Interesting

    To put it in perspective, VA Software, the company that owns Slashdot, is trading at 1.37/share ... down from their 52-week high of 3.17. Those that live in glass houses...